It is also known as IPO or initial public offering in which a company offers shares to public at large in return of funds.There may be different reasons for a company to go public.
It is the first time when the company offers its securities to the general public,this requires company to file a  registration statement with the SEC under the Securities Act of 1933 well known as 1933 Act.This act also requires that investors should receive the know how about companies financial and other important information.Though securities may be sold to the general public through other means also but this term “going public” is used when it does it for the first time.

Related Posts:

• No Related Posts

Yesterday Timbor was a shocker for most of the Indian traders despite weak sessions this stock was the top gainer at NSE closing at Rs91.50 with a premium of  premium of 44.76% to its issue price of Rs63.

What is the business model ?
Timbor Home is a manufacturer and retailer, having 80 stores of kitchen, door and furniture. It also operates on a franchise model. Competitors in the segment include Pantaloon, Shoppers Stop, Trent, Godrej, Durian and Lifestyle.

My advise
It is volatile and it is risky trade,so i would personally not refer to get into it,forget tracking charts and all that, it can still give you a shock.If you have still made up your mind to go after it then please use Stop loss,put your money in small amounts and once you book profit don’t hesitate to leave the table.

Related Posts:

• No Related Posts